1. How much does it cost to invest in a hotel?

It costs about 1.889 million yuan to open a hotel in first-tier cities, about 1.5035 million yuan in second-tier cities, and more than 1.268 million yuan in third-tier cities. The above investment costs are only estimated costs. If investors want to know the actual investment costs, they need to adjust according to local conditions and calculate the accurate investment amount. Investors are also asked to choose carefully when choosing a franchise brand.

2. What are the franchising conditions for opening a hotel?

1. Provide a legal ID card so that the headquarters can establish a real file.

2. Abiding by contracts, keeping credibility, and being able to actively protect the company's brand, trademarks and other intangible assets.

3. The operator must have considerable financial strength for early store leasing, decoration and later batch purchase.

4. The applicant has the relevant conditions to start a business. Such as: legal business procedures, business premises and related office facilities.

5. Accept unconditional business training from the headquarters.

6. Maintain full commitment, be willing to receive coaching and continuous improvement training, and have good credit

3. What are the taboos and precautions for investing in hotels

1. The nature of property rights includes: commercial, residential, industrial and comprehensive. The commercial nature and the commercial nature in the comprehensive category can be used as hotel franchises. The land use must be commercial land, and the land use period is generally 40 years.

2. The property completion acceptance report and fire protection acceptance report are complete and both are indispensable.

3. The rented floor cannot be built illegally.

4. Before renting, be sure to check whether the property has guarantees, mortgages, or multiple rents for one room.

5. Pay attention to whether there are conflicting formats in the hotel property rental part, such as KTV, catering and other formats that will produce noise or odor, which will have an adverse impact on the hotel